Not really, if it's your money, you can spend it comfortably, without thinking, but if it's your children's money, you will have to think a lot to make a decision. I have a baby and you know, birthday money or money that my wife and I save for her and we almost never touch it no matter how much we need the money, as we think doing so will form a bad habit and we cannot guarantee that we will be able to refund our child. I would rather borrow money than never use the money I gave my son, remember that is his future, he needs that money as much as we do.

Do not be deceived by short time speculations, check the history. If you want to save for your kid until he or she is 18 years, as long as you have it in bitcoin, it is good. 100 years can be long to predict, but 18 years is not long to determine what bitcoin would mean to the world as the adoption is great so far. I do not expect bitcoin to ever reach $10000 again, not to talk of $5, but expecting $500000 or more in the next 18 years is more likely to happen.

Wow this idea is superb I have never thought of it, my daughter's birthday celebration I save the money she gets or I give to her in the bank which the bank uses this money to trade without adding good interest rate.  I will buy her Bitcoin Holdings in his next birthday and I will use all the fiat money  she has in her account to purchase his holdings so that as he grows his Bitcoin Holdings will also grow with her.

I will tell my wife and a let her know about the phrase seed of the wallet and password. Why? If I die before he grown my wife can hand it over to her so that the coins will not be lost. It is a safer way to secure her savings in Bitcoin for a Lond term run.

Came in to say this. I know at least one Bitcoiner's who's gone all in, but he's also forced his family and 3 kids to already live a very alternative lifestyle with home schooling. Respect to anyone who wants to do their own thing, but there are no guarantees, not for fiat guaranteed by the government, not for welfare enshrined by whichever constitution, certainly not for Bitcoin.

And as Lucius said, it's not just about the value of your investment but about the safety, security, and ability for inheritance.

I mentioned in forum personally, given 2 kids their own Bitcoin some years back (I hold the rest for everyone, wary of a time when I must find a way for them to enjoy it in my passing). The older, more responsible one, actually lost his privkeys. An experiment I expected him to pass.

Sovereign money, independence, these all sound great, but the responsibility, the challenge, people probably don't realise the magnitude of that shift of mindset.

This will be the ultimate test of my life and possible for others out there who are holding their Bitcoins for a very long time or just like me that is holding Bitcoin for my future child .

Test of patience. Discipline plays a big role on this one if you are planning to do it and TBH, there is nothing wrong with it since just by looking at the charts, the price movement of Bitcoin is only going upwards though it isn't a smooth road and there will be times where it will make a huge correction that might affect you and your whole strategy.

On the other hand, putting all of the savings for him to Bitcoin is not a good strategy for me. I will hold Bitcoin for my child but at the same time, I will hold other assets as well like Stock Market that gives dividends so in that way, it is compounding since it's for the long term.

One of good ideas to be have but the question here is can you take all the happenings on bitcoin and can you handle the market stress brought up by bitcoin since we would never know on when the price of bitcoin would reach at ATH and maybe by the time your child reach at the right age the price of bitcoin will dump since there's what we call bearish trend so I guess even though you intend your holding for your child do also a smart move to multiply it since not selling on multiple ATH happen will cost a lot of minus profit to you and him/her.

It's a good suggestion, I will speak for my self personally, in everything I do, I like to be realistic so that I don't end up being disappointed when things do not go the way I thought it or they should go...
The realistic issue here is that, no body knows what the future of bitcoin is like, there is no guarantee anywhere that if you are saving bitcoins for your child, by the time he becomes a teen, the price of bitcoin might or will have reached $500k, we  can only guess the future price of bitcoin, nothing is sure or certain.

So what I am saying in essence is that if anybody wants to save in bitcoin for their child, they should get rid of this mindset of bitcoin is so and so, and they expect it to be so and so in so so year, this is to avoid disappointments, 1 bitcoin wil always be 1 bitcoin, the face that fiat currencies are heavily loosing their purchasing power due to heavy inflation is a enough reason already to keep ones money in bitcoin, get rid of the price mentality, because if you keep calculating the price of bitcoin in USD, you might end up disappointed some day when bitcoin fails to reach a USD price you anticipated.

I think your observation is correct but seeing that the OP is a newbie who is trying to express his feelings and share some useful information to the forum even though it's something most users are familiar with here I still encourage him or her to work hard and do more. Most users may find it difficult to read all the Op has written but going through the first line of his write up I understand  the message which he is trying to pass which is buying Bitcoin for an infant and Holding till the child is grown up.
All I can say to the op is this, buy and Holdl bitcoin is never going to be down forever.

Am not saying the person will spend the money, you might be able to hold, but I believe some people wont be able to hold, if you are saving fiat currency for your children, then most people can just overlook it because the amount you have saved won't increase, but when it's bitcon, let's say the savings have don like 2x, the person might just decide to sell and wait for correction so that they will enter again. They will believe immediately their is a correction, they can buy back and they will be able to accumulate more bitcoin.